Explain how a computer can assist a tax practitioner in tax planning activities and making complex tax
Question:
Explain how a computer can assist a tax practitioner in tax planning activities and making complex tax calculations.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
Tax planning involves the evaluation of alternative courses of action The ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Federal Taxation 2018 Comprehensive
ISBN: 9780134532387
31st Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
Question Posted:
Students also viewed these Business questions
-
Explain how a paralegal can assist an attorney with preparing for an oral argument.
-
Explain how a budget can be used to assist managers in planning and controlling.
-
Explain how understanding cost behavior patterns can assist management.
-
In Exercises 7683, use a graphing utility to graph the function. Use the graph to determine whether the function has an inverse that is a function (that is, whether the function is one-to-one). f(x)...
-
Patient response to a generic drug to control pain is scored on a 5-point scale, where a 5 indicates complete relief. Historically the distribution of scores is 1 2 3 4 5 0.05 0.1 0.2 0.25 0.4 Two...
-
You've been given the critical assignment of selecting the site for your company's new plant. After months of negotiations with landowners, numerous cost calculations, and investments in ecological,...
-
What does job enrichment mean in Herzbergs two-factor theory?
-
McLain Corporation sold $6,000,000, 9%, 10-year bonds on January 1, 2014. The bonds were dated January 1, 2014 and pay interest on July 1 and January 1. McLain Corporation uses the straight-line...
-
Specify the set by description. {m, i, s, p} O distinct letters in the word prism O distinct consonants in the word Mississippi distinct letters in the word misspell distinct consonants in the word...
-
Max and Sarah Smith are a married couple. They are both 30 years old and they have a 3 year old girl. Max is a loan officer and earns $55,000 a year. Sarah works as a retail store manager and earns...
-
Is the principal goal of tax planning to absolutely minimize the amount of taxes that a taxpayer must pay?
-
Latesha, a single taxpayer, had the following income and deductions for the tax year 2017: INCOME: Salary $ 80 Business Income 25 Interest income from bonds 10 Tax-exempt bond interest 5 TOTAL INCOME...
-
In Exercise Let U = {a, b, c, d, e, f, g, h, i, j, k} A = {a, c, d, f, g, i} B = {b, c, d, f, g} C = {a, b, f, i, j} Determine the following. (A - B)' - C
-
percent of body fat identify the type of data that would be used to describe a response (quantitative discrete, quantitative continuous, or qualitative), and give an example of the data.
-
The instructors sample produces a mean number of days absent of 3.5 days. This value is an example of a: a. parameter. b. data. c. statistic. d. variable. A Lake Tahoe Community College instructor is...
-
distance to the closest movie theatre identify the type of data that would be used to describe a response (quantitative discrete, quantitative continuous, or qualitative), and give an example of the...
-
number of competing computer spreadsheet software packages identify the type of data that would be used to describe a response (quantitative discrete, quantitative continuous, or qualitative), and...
-
Duration (amount of time) is what type of data? a. qualitative (categorical) b. quantitative discrete c. quantitative continuous A study was done to determine the age, number of times per week, and...
-
Locate 163 of the code and answer the following. Section 163 is part of which: a. Title b. Subtitle c. Chapter d. Subchapter
-
Describe a group you belong or have belonged discuss the stages of group development and suggest how to improve the group effectiveness by using the group development model.
-
In April 2015, Dan is audited by the IRS for the year 2013. During the course of the audit, the agent discovers that Dans deductions for business travel and entertainment are unsubstantiated and a...
-
Pedro Bourbone is the founder and owner of a highly successful small business and, over the past several years, has accumulated a significant amount of personal wealth. His port-folio of stocks and...
-
Carmen has computed that her average tax rate is 16% and her marginal tax rate is 25% for the current year. She is considering whether to make a charitable contribution to her church before the end...
-
Required information [The following information applies to the questions displayed below.] In each of the cases below, assume Division X has a product that can be sold either to outside customers or...
-
Canon Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year. (Click the icon to view the actual...
-
Lean Accounting The annual budgeted conversion costs for a lean cell are $180,000 for 1,000 production hours. Each unit produced by the cell requires 20 minutes of cell process time. During the...
Study smarter with the SolutionInn App